Three investment projects have the following net cash flows 1. Calculate each project's payback ( 5 marks) 2. Calculate the net present value of each project and rank the projects (Note cost of capital is 10%)(10 marks) 3. The company has a total of K35 million available capital to invest in projects. The projects are divisible. Using the profitability Index, rank the projects and create an investment schedule that will generate maximum benefit for the shareholders (10 marks)